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Divide using synthetic division, and write a summary statement in fraction form.
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Accumulated Depreciation
The total amount of depreciation expense that has been recorded for an asset since it was put into use.
Indirect Method
A way of preparing a cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate cash flow from operating activities.
Operating Activities
Transactions and events related to the primary operations of a business, such as revenue from sales and expenses from operations.
Accounts Receivable
Money owed to a company by its customers for goods or services that have been delivered but not yet paid for.
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